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NKTR Crosses Below Key Moving Average Level

In trading on Wednesday, shares of Nektar Therapeutics crossed below their 200 day moving average of $9.06, changing hands as low as $9.05 per share. Nektar Therapeutics shares are currently trading down about 5% on the day.

In trading on Wednesday, shares of Nektar Therapeutics ( NKTR) crossed below their 200 day moving average of $9.06, changing hands as low as $9.05 per share. Nektar Therapeutics shares are currently trading down about 5% on the day. The chart below shows the one year performance of NKTR shares, versus its 200 day moving average: